On the Definition of the Strategic Stability of Equilibria
A new definition of strategic stability is shown to satisfy all of the requirements given by Elon Kohlberg and Jean-Francois Mertens (1986). The definition follows the general form of the original definition of Kohlberg and Mertens, but, rather than working with perturbations of the payoffs or strategy space, works directly with perturbations to the best reply correspondence. With the appropriate topology on this space of perturbations, the resulting definition does satisfy all of the requirements given by Kohlberg and Mertens. It is shown that one does not have much freedom in the topology one uses. Copyright 1990 by The Econometric Society.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 58 (1990)
Issue (Month): 6 (November)
|Contact details of provider:|| Phone: 1 212 998 3820|
Fax: 1 212 995 4487
Web page: http://www.econometricsociety.org/
More information through EDIRC
|Order Information:|| Web: https://www.econometricsociety.org/publications/econometrica/access/ordering-back-issues Email: |
When requesting a correction, please mention this item's handle: RePEc:ecm:emetrp:v:58:y:1990:i:6:p:1365-90. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.